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- 3 min readRecommended
BMF Circular: Tax Relief for Single Parents
Single taxpayers may be granted a tax relief amount for single parents (Entlastungsbetrag für Alleinerziehende, § 24b EStG) if at least one child belongs to their household for whom they are entitled to a child allowance (§ 32 Abs. 6 EStG) or
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Filing Deadline – Property Tax Assessment Return Due 31 January 2023
The filing deadline for the property tax assessment return was initially set for the end of January 2023. Nevertheless, some private individuals and businesses have not yet submitted this return to the tax authorities.
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Home Office Deduction Where Health Conditions Apply
How the deduction of work-related expenses for a home office used for health reasons is to be assessed is illustrated below using a specific legal dispute: Case in dispute A jointly assessed married couple deducted costs […] in the year in question.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Costs for Waste Collection and Sewage Disposal – § 35a EStG
Whether the costs for waste collection and sewage disposal can be deducted for tax purposes under § 35a (2) EStG is examined below on the basis of a court case.
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Cut-off Date – Determining the Acquisition Costs of a Building
Which cut-off date is decisive for determining the acquisition costs of land and buildings was assessed by the Münster Tax Court in the following dispute: In the case at hand, the plaintiff acquired on 17 November 2017
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Taxi Is Not a "Public Means of Transport" Within the Meaning of the EStG
Whether travel expenses incurred when using a taxi may be deducted above the simple distance allowance pursuant to § 9 Abs. 1 S. 3 Nr. 4 EStG is discussed below on the basis of a BFH ruling. Case in dispute:
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
No Tax Reduction for Tradesman Services When Offset Against the Shareholder Account
To what extent can a tax reduction under § 35a EStG be claimed for tradesman services provided by one's own GmbH? In particular, where the amount is offset against the shareholder account.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
BFH Ruling: Real Estate Transfer Tax on Plots Subject to Development Obligations
How is real estate transfer tax to be treated on undeveloped plots, particularly in the case of a purchase from a municipality with a development obligation? The relevant BFH ruling is outlined below.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Sale Allowance upon Lease of the Business
Is the deduction of the sale allowance under § 16 Abs. 4 S. 1 EStG also possible if the business is initially leased on a fixed-term basis due to the taxpayer's health impairment and only sold after
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Outlook: Significantly Higher Valuations for Real Estate Assessments
The ministerial draft of the 2022 Annual Tax Act also proposes amendments to the German Valuation Act. Specifically, the valuation of real estate under the income and asset value methods is to be changed. The reason for the amendment is an
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Outlook: Photovoltaic systems (PV systems) – significant changes in tax law planned
Initial insights into the draft Annual Tax Act 2022 suggest further tax relief for operators of PV systems: operators of small PV systems up to 10 kW have so far been able to exercise the option of hobby classification for income tax purposes
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Mini-Jobbers: Exemption from Statutory Pension Insurance
Marginally employed workers can apply to be exempted from statutory pension insurance. The required exemption application is subject to a deadline. If this deadline is missed, the employee must continue to pay mandatory contributions. It is therefore important to observe carefully how and when such an application should be submitted.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Amendments to the Renewable Energy Sources Act for Photovoltaic Systems
Amendments to the Renewable Energy Sources Act (Erneuerbare-Energien-Gesetz, EEG) aim to make photovoltaic systems more attractive again for private households. The Verbraucherzentrale NRW (consumer advice centre) draws attention to this. What is the Renewable Energy Sources Act? In essence, the Renewable Energy Sources Act governs the feed-in of renewable
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Tax-Free Insolvency Benefit – Deduction of Income-Related Expenses
Can an employee deduct income-related expenses incurred while receiving insolvency benefit (Insolvenzgeld)? What is insolvency benefit? If an employer is unable to pay all or part of their employees' wages due to financial difficulties
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Section 6b EStG: 6-Year Prior Ownership Period for Business Sales
As a general rule, hidden reserves disclosed upon the sale of fixed assets can only be transferred if the assets have belonged to the business assets for at least 6 years. But what should be considered when acquiring a business within the 6-year period?
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Are Research Grants Subject to Tax?
The Finanzgericht Münster dismissed a claim concerning the tax exemption of research grants. In the court's view, monies from research awards must also be treated as taxable employment income.
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
No Contribution Obligation to the Künstlersozialkasse When the EUR 450 Threshold Is Exceeded
A one-off commissioning of an artistic or journalistic service that exceeds the statutory EUR 450 threshold (§ 24 Abs. 3 KSVG) does not automatically trigger a contribution obligation to the Künstlersozialkasse.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Tax Treatment of Scholarship Payments
To support exceptional talent, foundations in Germany and the EU offer various scholarship programmes. These are intended to provide financial support and thus create an incentive for students to realise their
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Tax-Neutral Withdrawal of Real Estate – Private Sale Transaction
If real estate is sold within the 10-year period following acquisition, it is subject to income tax pursuant to § 23 (1) No. 1. But how is the case to be assessed if the property is withdrawn from business assets without taxation and only sold thereafter?
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Travel Expenses – Meals on Business Trips
For entrepreneurs, business trips are part of daily operations. They are used for contract negotiations as well as for professional training and development. A frequent question is to what extent the actual
Tax AdvisoryAuditSource: Deubner Verlag